oil production | Egypt Oil & Gas - Part 3
OPEC+ to Raise Oil Production by 137,000 bbl/d in October
The eight OPEC+ countries have decided to continue to increase oil production in October by 137,000 barrels per day (bbl/d), which is lower than the increases of September and August by about 555,000 bbl/d, according...
BAPTECO Produces 53,000 BOE/D, Drills 18 New Wells in Fiscal Year 2024/2025
Badr El Din Petroleum (BAPTECO) has produced an average of 53,000 barrels of oil equivalent per day (boe/d) this year, drilled 18 wells and carried out 79 well workover and recompletion operations with total investmen...
Badawi Expands Cooperation with Chile’s Enap Sipetrol in Petroleum, Mining Sectors
Karim Badawi, Minister of Petroleum and Mineral Resources, met with Roberto Ebert, Ambassador of Chile to Cairo, along with a delegation from the Chilean ENAP Sipetrol, which has current investments in Egypt, to discu...
ExxonMobil Begins Production from Yellowtail Project Offshore Guyana
US ExxonMobil has commenced production from Yellowtail, its fourth oil development in Guyana’s offshore Stabroek block, four months ahead of schedule. The company reported an initial average production of 250,000 barr...
OPEC+ to Raise Oil Production by 547,000 bbl/d in September 2025
The eight OPEC+ member countries decided to raise oil production by 547,000 barrels per day (bbl/d) in September 2025 from the August 2025 required production level. This adjustment was the result of the steady global...
OPEC+ May Approve Additional Oil Production on Sunday
OPEC+ member countries are predicted to approve more oil production on Sunday, noting that the members are still discussing the final increase for September, Reuters reported. The group has accelerated production incr...
TotalEnergies Starts Production from Mero-4 Oil Field Offshore Brazil
French integrated energy company TotalEnergies announced on Sunday first oil production from the fourth development phase of the Mero-4 field on the Libra block in the pre-salt are of the Santos Basin, Brazil. This st...
OPEC+ to Introduce Another Output Increase in June
OPEC+, a collaboration between OPEC and other oil-producing nations led by Russia, will introduce a 411,000 barrels per day (bbl/d) hike in its production in June, mirroring the surge it adopted in May. This comes as ... 
